MicroStrategy has made its weekly Bitcoin (BTC) purchase, purchasing 2,138 Bitcoins for $209 million in cash.
MicroStrategy founder Michael Saylor announced in a statement that the company purchased 2,138 BTC worth $209 million.
“MicroStrategy purchased 2,138 BTC for $209 million at a cost of approximately $97,837 and achieved a BTC Return of 47.8% QTD and 74.1% YTD.
As of 12/29/2024, we hold 446,400 BTC purchased at an average price of $62,428 for approximately 27.9 billion.”
MicroStrategy has been announcing new acquisitions every Monday for the past few weeks.
MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12/29/2024, we hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR https://t.co/58aXM7g6u2
— Michael Saylor⚡️ (@saylor) December 30, 2024
*This is not investment advice.
